Deutsche Bank Private Bank has appointed a former executive from Julius Baer’s onshore Thailand joint venture to their private wealth team. Penluck Sriboonruang has taken the post of vice president on the Thailand team, now based in Singapore and reporting…
Deutsche Bank Private Bank has recently welcomed an experienced HSBC FX specialist to its team. Cora Chiu has been designated as the Head of Investment Management, North Asia, a development that came into effect on December 16 and is pending regulatory…
Deutsche Bank’s Bold Move to Elevate Wealth Management Deutsche Bank is shaking up its wealth management operations in Germany with a strategic reorganization aimed at harnessing growth and capitalizing on lucrative markets. By merging its teams serving…
Deutsche Bank’s Management Board has created a new Global Advisory Board comprising experts from business, academia and politics. The Board’s task it is to advise the Management Board on fundamental macroeconomic, geopolitical and technological developments…
In a country where cash has been king for decades, Deutsche Bank will stop allowing customers to pick up cash at its counters. There is a German adage that Geld Stinkt Nicht, which translates into money doesn’t stink, and helps to explain the country’s…
Having a large IT center in St. Petersburg leaves Deutsche Bank highly exposed to Russian sanctions. As a result, it has decided to take a bold action. Deutsche Bank brought several hundred Russian computer scientists to Berlin, as reported by Germany’s…
German prosecutors raided the offices of asset manager DWS and its controlling shareholder Deutsche Bank over allegations of «greenwashing,» according to media reports. Deutsche Bank and its around 80 percent-owned asset manager DWS were raided over…
Deutsche Bank Wealth Management has made a significant expansion in India with the hire of more than a dozen for the front office and product units. Deutsche Bank Wealth Management in India has made over 15 hires across relationship management and investment…
Deutsche Bank’s supervisory board committee supported the nomination of a new chairman, formerly from Dutch insurance firm Aegon. The supervisory board committee fully backed the nomination of Alexander Wynaendts as the German lender’s new chairman and he now…
Standard Chartered has hired the former Singapore chief executive of J. Safra Sarasin to lead its South Asia private banking segment. Vinay Gandhi joins Standard Chartered as its regional head, ASEAN and global head, global South Asian community, private…
Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit. Tse Yi-Mun joins Deutsche Bank Wealth Management as a managing director and group head for North Asia, according to a statement. Based in Singapore, she…
A former managing director from Bank of Singapore has joined Deutsche Bank’s wealth unit in Singapore. Deutsche Bank Wealth Management hired Faye Lee as a managing director, according to a statement, tasked with covering ultra-high net worth clients in…
Deutsche Bank Wealth Management has hired two former executives from DBS Private Bank to bolster its South Asia business. Shankar Jha joins the German private bank’s global South Asia (GSA) team in Singapore as a managing director and group head, according to…
Deutsche Bank continues to expand its wealth business in the region, particularly in southeast Asia where it hired a new investment management team head. Alania Concepcion joins Deutsche Bank Wealth Management as a director and investment management team…
Deutsche Bank has hired three former HSBC executives to join its wealth management arm in Southeast Asia. Terence Leong joins Deutsche Bank as group head for Southeast Asia, according to a statement, reporting to head of Southeast Asia wealth management…
Deutsche Bank has set up a Singapore-based center focused on developing environmental, social and governance-related solutions. Deutsche Bank’s center will focus on innovation in ESG and fintech to develop new products to address market gaps, according to a…